Why is Easy Trip Plann. falling/rising?

As of 29-Aug, Easy Trip Planners Ltd's stock price is currently at Rs. 8.33, reflecting a decrease of Rs. 0.16 or 1.88%. The stock has recently hit a new 52-week low, underperforming its sector by 1.82%. Over the past week, the stock has declined by 7.03%, and it has experienced a significant drop of 16.95% over the last month. The company has reported negative financial results, including a substantial fall in net sales of 18.42% and a 95.1% decrease in profit after tax compared to previous quarters. Additionally, the stock is trading below all its moving averages, indicating a bearish trend, and there has been a notable decline in investor participation, with delivery volume falling by 67.13% against the five-day average.
In the broader market context, the stock's performance has been consistently poor compared to the benchmark, with a one-year return of -57.77% against a modest gain of 2.14% for the Sensex. This underperformance has persisted over the last three years, highlighting a trend of declining investor confidence, particularly among institutional investors who have reduced their stake in the company. The company's low debt-to-equity ratio and fair valuation metrics do not seem to be enough to counteract the negative sentiment stemming from its ongoing financial struggles and declining sales, contributing to the stock's downward trajectory.